Examples of Rollback tax rate in a sentence
Rollback tax rate – The rollback tax rate is a calculated maximum rate allowed by law without voter approval.
Rollback tax rate" means a rate expressed in dollars per $100 of taxable value [and] calculated according to the following formula: ROLLBACK TAX RATE = (EFFECTIVE MAINTENANCE AND OPERATIONS RATE X 1.08) + CURRENT DEBT RATE (d) The effective tax rate for a county is the sum of the effective tax rates calculated for each type of tax the county levies and the rollback tax rate for a county is the sum of the rollback tax rates calculated for each type of tax the county levies.
Effective Tax Rate (Line 23; or line 24 for a school district with Tax Code Chapter 313 limitations) $ Rollback Tax Rate (Line 35) $ Rollback tax rate adjusted for pollution control (Line 39) $1.271.370.00 STEP 5: School District Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the school board.
Effective Tax Rate (Line 23; or line 24 for a school district with Tax Code Chapter 313 limitations) $ Rollback Tax Rate (Line 35) $ Rollback tax rate adjusted for pollution control (Line 39) $1.321.401.40 STEP 5: School District Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the school board.
Indicate the applicable total tax rates as calculated above.Effective tax rate (Line 24; line 25 for counties; or line 46 if adjusted for sales tax) Rollback tax rate (Line 39; line 40 for counties; or line 48 if adjusted for sales tax) Rollback tax rate adjusted for pollution control (Line 52) $0.197156$0.217762$0.217762SECTION 6: Taxing Unit Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the taxing unit.